Apr 27, 2023 | Business Appraiser, Business Valuation, Security Alarm, Value Drivers
The security alarm industry has thrived due to recent technological advancements. These improvements led to more efficient security monitoring which in turn boosted demand. However, the security alarm industry experienced volatility during the 2020 pandemic. The...
Apr 22, 2023 | Bookkeeping, Business Appraiser, Value Drivers
Operators in the bookkeeping industry help businesses manage and track their finances. Good financial monitoring is vital for businesses that want to increase profits. Thus, there is a high demand for bookkeeping services from businesses. According to IBIS World, the...
Apr 19, 2023 | Business Appraiser, Business Valuation, Hair Salon, Value Drivers
The hair salon industry is thriving with pent-up demand from the COVID-19 pandemic closures. However, competition in the hair salon industry is high. In addition, there are low barriers to entry. Whether you are looking to buy, sell, or grow a hair salon, it is...
Apr 11, 2023 | Business Appraiser, Business Valuation, e-commerce, Value Drivers
COVID-19 left many industries in a state of crisis. This is not the case for the eCommerce industry. Due to social distancing requirements, many retailers were forced to begin selling online. Doing so led to significant revenue and profit growth in the eCommerce...
Apr 9, 2023 | Auto Mechanic Shop, Business Valuation, Value Drivers
The auto mechanic industry has always been in high demand. For years, the industry has experienced healthy growth. As vehicles remain essential for daily endeavors, this trend will likely continue. Thus, now is a great time to buy or sell an auto mechanic shop. The...
Apr 4, 2023 | Business Appraisal, Business Appraiser, Business Valuation, Sign Manufacturing, Value Drivers
If you drive through any given city, you will likely see hundreds of signs or billboards. Signs and billboards can be effective advertising tools, especially for small businesses. However, many businesses are finding the internet to be an effective advertising...